ETHEREUM DOMINANCE #ETH.D To 38% = $19,000 ETH
Updated
This would really upset the #Bitcoin maxis's wouldn't it? :)
The number's in terms of dollar's per coin start to get ginormous.
Assuming a $6 trillion Total Market cap and a peak dominance of 38% by ETH
= 2.28 Trillion market cap for Ethereum
Divided by the current supply of 120M coins
We get a usd value of 19k per coin
Is this my prediction ? IDK
Smashing through 10k so significantly seems hard to imagine
Unless a Ethereum ETF is launched early next year!!!
Rather than a Bull trap if approved late in 2025
Either way The ETH 38% dominance could very be a likely scenario in my mind based on this chart pattern alone.
The number's in terms of dollar's per coin start to get ginormous.
Assuming a $6 trillion Total Market cap and a peak dominance of 38% by ETH
= 2.28 Trillion market cap for Ethereum
Divided by the current supply of 120M coins
We get a usd value of 19k per coin
Is this my prediction ? IDK
Smashing through 10k so significantly seems hard to imagine
Unless a Ethereum ETF is launched early next year!!!
Rather than a Bull trap if approved late in 2025
Either way The ETH 38% dominance could very be a likely scenario in my mind based on this chart pattern alone.
Trade active
PERKING UP those two breakout levels remain KEY
Trade active
tradingview.com/chart/o6iSJEiS/We have two big drivers for ETH
The ETF to start trading
and the further popularity of memecoin trading on coinBASE which is also positive for ETH
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